Posted by Brent_IL on July 19, 2003 at 22:51:33:
Most builders who are acting as general contractors can build for 75% to 80% of market value. Your competition is all other builders.
The cost of the land relative to the pricing of the house seems to be an important factor.
Builders, that I’ve talked to in the past, tell me that it’s always a good idea to build standard houses by using pre-existing plans. When you get an architect involved the costs go up and the profit potential goes down.